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Oil prices decline amid OPEC-deal doubt

Xinhua, November 1, 2016 Adjust font size:

Oil prices fell on Monday amid growing doubts over whether a production-cut deal can be implemented among the Organization of the Petroleum Exporting Countries (OPEC) members.

The West Texas Intermediate for December delivery lost 1.84 U.S. dollars to settle at 46.86 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery erased 1.41 dollars to close at 48.30 dollars a barrel on the London ICE Futures Exchange. Endit